The answer would be TRUE because when quantity increases among the competition, its natural for businesses to find another way for success so they can be the best of the best and make more money than the other businesses, so since this is correct, its true.
Answer:
It will cost you $12,015,054 to buy a seat.
Explanation:
cost to buy a seat = number of shares to be owned*cost per share
= (one half of outstanding shares + 1)*cost per share
= (445,000/2 + 1)*$54
= $12,015,054
Therefore, It will cost you $12,015,054 to buy a seat.
Answer:
Accounting rate of return, also known as the Average rate of return, or ARR is a financial ratio used in capital budgeting. The ratio does not take into account the concept of time value of money. ARR calculates the return, generated from net income of the proposed capital investment. The ARR is a percentage return. Say, if ARR = 7%, then it means that the project is expected to earn seven cents out of each dollar invested (yearly). If the ARR is equal to or greater than the required rate of return, the project is acceptable. If it is less than the desired rate, it should be rejected. When comparing investments, the higher the ARR, the more attractive the investment. More than half of large firms calculate ARR when appraising projects.
Explanation:
hope this helps
Luxury items and entertainments are usually purchase with discretionaty income
Answer:
The amount of depreciation expense for the year is $400
Explanation:
The amount of depreciation expense for the year using the Straight Line Method (SLM) as:
Depreciation expense = Asset cost - Salvage value / Number of years of useful life × Portion of year that will be expensed
where
Assets cost is $10,000
Salvage value is $2,000
Number of years of useful life is 5 years
Portion of year that will be expensed is 3 months / 12 (For 3 months from October to December)
Putting the values above:
Depreciation expense = $10,000 - $2,000 / 5 × 3/12
= $8,000 / 5 × 3/12
= $1,600 × 3/12
= $400
Therefore, the amount of depreciation expense for the year using the Straight Line Method (SLM) amounts to $400